MBIN
Merchants Bancorp
NASDAQ: MBIN · FINANCIAL SERVICES · BANKS - REGIONAL
$46.54
+3.42% today
Updated 2026-04-30
Market cap
$2.28B
P/E ratio
13.13
P/S ratio
4.05x
EPS (TTM)
$3.78
Dividend yield
0.80%
52W range
$29 – $50
Volume
0.2M
Merchants Bancorp (MBIN) Financial statements
SEC filings — annual and quarterly data.
Profit margin
38.80%
Operating margin
52.00%
ROE
9.67%
ROA
1.14%
Debt/equity
1.68x
Margin trends — annual
Gross margin Operating margin Profit margin
| Year | Revenue | Net income | Gross margin | Op. margin | Profit margin |
|---|---|---|---|---|---|
| 2015 | $80.62M | $28.38M | 81.08% | 58.52% | 35.21% |
| 2016 | $97.19M | $33.13M | 79.50% | 56.38% | 34.08% |
| 2017 | $137.97M | $54.68M | 78.07% | 55.93% | 39.63% |
| 2018 | $185.53M | $62.87M | 70.24% | 45.29% | 33.89% |
| 2019 | $254.55M | $77.33M | 63.21% | 40.12% | 30.38% |
| 2020 | $401.18M | $180.53M | 82.43% | 60.66% | 45.00% |
| 2021 | $461.56M | $227.10M | 91.57% | 66.06% | 49.20% |
| 2022 | $602.07M | $219.72M | 70.17% | 48.36% | 36.49% |
| 2023 | $1.19B | $279.23M | 43.66% | 29.26% | 23.48% |
| 2024 | $1.45B | $320.39M | 44.41% | 29.21% | 22.14% |
| 2025 | $1.37B | $218.77M | 41.29% | 19.32% | 16.02% |